$164,000
$167,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
654 SqFt
SOLD DATE : 08/12/2021
Key Details
Sold Price $164,000
Property Type Townhouse
Sub Type Attached Dwelling
Listing Status Sold
Purchase Type For Sale
Square Footage 654 sqft
Subdivision Oak Park
MLS Listing ID 6583577
Sold Date 08/12/21
Style Contemporary/Modern,Ranch
Bedrooms 1
Full Baths 1
HOA Fees $210/mo
HOA Y/N true
Abv Grd Liv Area 654
Originating Board REcolorado
Year Built 1980
Annual Tax Amount $651
Property Description
This tenant occupied remodeled condo has a great tenant in place until May 31, 2023 that has lived in the property for over a decade and is priced to provide an estimated rate of return around 6% dependent on variables like cash or financing terms terms based on the above rent. This condo is an excellent opportunity to get into a great investment at an affordable price in a market that long term is going to provide high upside on both cash flow from rental income and appreciation. The unit was remodeled in 2018 and has wood floors in the kitchen and living room, tile in the bathroom and carpet in the bedroom. The ceilings of the unit were also removed of all previous popcorn ceilings. The kitchen and bathroom were also remodeled with granite countertops and a new vanity in the bathroom and new cabinets in the kitchen that add additional storage compared to many units in the complex.
Location
State CO
County Denver
Community Clubhouse, Pool, Playground, Gated
Area Metro Denver
Zoning R-2-A
Rooms
Primary Bedroom Level Main
Interior
Heating Hot Water
Cooling Room Air Conditioner
Fireplaces Type Single Fireplace
Fireplace true
Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Laundry Main Level
Exterior
Exterior Feature Balcony
Garage Spaces 1.0
Community Features Clubhouse, Pool, Playground, Gated
Utilities Available Electricity Available, Cable Available
Roof Type Fiberglass
Street Surface Paved
Building
Lot Description Abuts Public Open Space
Faces North
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Place Bridge Academy
Middle Schools Place Bridge Academy
High Schools George Washington
School District Denver 1
Others
HOA Fee Include Trash,Snow Removal,Water/Sewer,Heat,Hazard Insurance
Senior Community false
SqFt Source Assessor
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